One Proposal for Solving the Social Security Problem Is Privatization

question 41

Multiple Choice

One proposal for solving the social security problem is privatization.This means:

• A)refusing to provide retirement benefits,thereby forcing people to use private savings.
• B)providing retirement benefits only to those who had worked for a private firm.
• C)providing retirement benefits only to those who also save privately.
• D)allowing participants to choose how their tax funds are to be invested.
• E)preventing participants from paying taxes on their retirement income.

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Definitions:

Need for Affiliation

An individual's drive to relate to people and form social connections.

Intrinsic Motive

A type of motivation driven by an internal desire to perform a task for its own sake, due to personal satisfaction, interest, or enjoyment.

Behavioral Need

Psychological or physiological necessities that drive behaviors in individuals, seeking fulfillment to maintain well-being and homeostasis.

Application Process

The sequence of actions undertaken in order to complete a task or achieve a certain status, often involving submission of information or documents.